There are tons of investors literally all over the world who are fawning over the Cleveland market in 2020 and wishing they could be physically closer to more easily get in on the excellent opportunities there... you've got a huge leg up on so many since you are already there and you like it there!

@brian @Brian Nel I'm not sure what the actual rules are about a primary residence in how many days you have to actually physically be at or sleep at that location.

You should incorporate 25% for PM, vacancy and Capex at least.. 

When we started the first mile felt like death, but it took me 6 hrs 55 min to finish and it broke me mentally, physically and emotionally.

Seller financing is by definition where the property owner acts as the bank, which means that you shouldn't have to go to a physical bank at all to fund this transaction.

At that point go take a look physically at the property to get a 'feel' for it and the neighborhood.

long term property management companies have not incorporated this into their model.

@Gert DervishajGert-that makes sense to incorporate the property management fee in the numbers.I can’t thank you enough- you will do well in life.I hope you don’t mind if i ask more questions later if we go down this road.

Then i can close the deal without you physically at closing?

Hey Donavan, if your parents are willing to trust you on what you're doing, you can get them to co-sign you and incorporate their income with your first property.